Catalog
100 Yuan
| Issuer | Bank of Taiwan |
|---|---|
| Year | 1947 |
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| Composition | Log in to see details |
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| Printer | First Printing Factory, Taiwan |
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| Obverse description | Green-tinted note centred on a portrait vignette of Dr. Sun Yat-sen, flanked to the left by a vignette of the Bank of Taiwan building surmounted by a flag. Elaborate guilloche underprint surrounds the principal design elements throughout the field. Chinese inscriptions at the top and bottom panels record the issuing authority, denomination, year of issue, and the printing establishment. |
|---|---|
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| Reverse lettering | 100 |
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| Comments |
The Bank of Taiwan's 1947 issues were a direct response to the catastrophic hyperinflation gripping mainland China — Taiwan's currency was deliberately kept separate from the Chinese yuan to shield the island's economy from the worst of it. That separation would prove prescient. When the Nationalist government collapsed on the mainland two years later, Taiwan's monetary infrastructure remained intact enough to absorb the flood of refugees and capital that followed.
Printed domestically at the First Printing Factory rather than sent abroad to established security printers, the quality reflects wartime resource constraints that hadn't yet eased in 1947.